Susan J. Li - May 15, 2023 Form 4 Insider Report for Meta Platforms, Inc. (META)

Signature
/s/ Erin Guldiken, attorney-in-fact for Susan J. Li
Stock symbol
META
Transactions as of
May 15, 2023
Transactions value $
-$4,062,916
Form type
4
Date filed
5/17/2023, 09:31 PM
Previous filing
Mar 22, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction META Class A Common Stock Conversion of derivative security $0 +1.49K +2.17% $0.00 70.1K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F1
transaction META Class A Common Stock Conversion of derivative security $0 +2.4K +3.42% $0.00 72.5K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +1.5K +2.07% $0.00 74K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +1.18K +1.6% $0.00 75.1K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +4.1K +5.46% $0.00 79.3K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Sale -$1.24M -5.29K -6.68% $233.81 74K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F2
transaction META Class A Common Stock Options Exercise $0 +6.79K +9.18% $0.00 80.7K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Tax liability -$787K -3.37K -4.17% $233.81 77.4K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F3
transaction META Class A Common Stock Conversion of derivative security $0 +743 +0.96% $0.00 78.1K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +1.57K +2.01% $0.00 79.7K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +3.01K +3.77% $0.00 82.7K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Conversion of derivative security $0 +5.47K +6.61% $0.00 88.2K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Sale -$1.25M -5.35K -6.07% $233.81 82.8K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F4
transaction META Class A Common Stock Options Exercise $0 +6.79K +8.2% $0.00 89.6K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012
transaction META Class A Common Stock Tax liability -$787K -3.37K -3.76% $233.81 86.2K May 15, 2023 Susan Li and John Hegeman, Co-Trustees of The Li-Hegeman Living Trust u/t/a dated November 30, 2012 F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -1.49K -25% $0.00 4.46K May 15, 2023 Class A Common Stock 1.49K Direct F6, F7
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -2.4K -5.26% $0.00 43.2K May 15, 2023 Class A Common Stock 2.4K Direct F6, F8
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -1.5K -25% $0.00 4.5K May 15, 2023 Class A Common Stock 1.5K Direct F6, F9
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -1.18K -12.5% $0.00 8.26K May 15, 2023 Class A Common Stock 1.18K Direct F6, F10
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -4.1K -8.33% $0.00 45.1K May 15, 2023 Class A Common Stock 4.1K Direct F6, F11
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.79K -6.25% $0.00 102K May 15, 2023 Class A Common Stock 6.79K Direct F6, F12
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -743 -24.98% $0.00 2.23K May 15, 2023 Class A Common Stock 743 By Spouse F6, F13, F14
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -1.57K -25% $0.00 4.71K May 15, 2023 Class A Common Stock 1.57K By Spouse F6, F14, F15
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -3.01K -12.5% $0.00 21K May 15, 2023 Class A Common Stock 3.01K By Spouse F6, F14, F16
transaction META Restricted Stock Units (RSU) (Class A) Conversion of derivative security $0 -5.47K -8.33% $0.00 60.2K May 15, 2023 Class A Common Stock 5.47K By Spouse F6, F14, F17
transaction META Restricted Stock Units (RSU) (Class A) Options Exercise $0 -6.79K -6.25% $0.00 102K May 15, 2023 Class A Common Stock 6.79K By Spouse F6, F14, F18

Explanation of Responses:

Id Content
F1 Includes a total of 25,129 shares of Class A Common Stock that were erroneously reported on the Reporting Person's prior filings as directly held by the Reporting Person and the Reporting Person's spouse.
F2 Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Reporting Person's Restricted Stock Units ("RSUs") and does not represent an open market sale.
F3 Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Reporting Person's RSUs and does not represent a sale.
F4 Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Reporting Person's spouse's RSUs and does not represent an open market sale.
F5 Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Reporting Person's spouse's RSUs and does not represent a sale.
F6 Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F7 The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on May 15, 2019, subject to continued service through each vesting date.
F8 The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on February 15, 2023, subject to continued service through each vesting date.
F9 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2020, subject to continued service through each vesting date.
F10 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2021, subject to continued service through each vesting date.
F11 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2022, subject to continued service through each vesting date.
F12 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2023, subject to continued service through each vesting date.
F13 The RSUs vest quarterly as to 1/20th of the total RSUs, beginning on May 15, 2019, subject to continued service through each vesting date.
F14 The Reporting Person disclaims Section 16 beneficial ownership over the securities reported except to the extent of her pecuniary interest therein, if any.
F15 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2020, subject to continued service through each vesting date.
F16 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2021, subject to continued service through each vesting date.
F17 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2022, subject to continued service through each vesting date.
F18 The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2023, subject to continued service through each vesting date.